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Exxon sees Brazil’s offshore Foz do Amazonas as next South American energy prize (XOM:NYSE)

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Vector flag of Brazil waving background

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ExxonMobil (XOM) said it believes the next wave of large oil and natural gas discoveries in South America’s northern equatorial margin will occur in Brazil, following the giant success in Guyana and, to a lesser extent, Suriname, Upstreamonline.com reported Tuesday.

“The